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Updated over 10 years ago on . Most recent reply

User Stats

1,407
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754
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Lance Lvovsky
  • Accountant
  • Fort Lauderdale, FL
754
Votes |
1,407
Posts

Please provide feedback on this deal!

Lance Lvovsky
  • Accountant
  • Fort Lauderdale, FL
Posted

2 bedroom 2 bathroom unit approx 875 square feet. In pompano beach Florida.

Below is a picture of the financial breakdown. According to Zillow, this unit was sold in Jan 2005 for $135k. Built in 1981. Unit is in okay condition. I estimate repairs are between 5-8K. This would be an all cash deal. 

Any thoughts?

  • Lance Lvovsky
  • Most Popular Reply

    User Stats

    357
    Posts
    92
    Votes
    Kenneth Hynes
    • Rental Property Investor
    • Easton, PA
    92
    Votes |
    357
    Posts
    Kenneth Hynes
    • Rental Property Investor
    • Easton, PA
    Replied

    @Lance Lvovsky 

    think you are missing your insurance quote .. and your expenses seem a little low , you have to budget for Vacancies and CAP EX as well.

  • Kenneth Hynes
  • Loading replies...